Hi All - I post this here although it's probably more applicable to thise thinking of staying, however either way it may be an issue in helping to decide. I never thought i would still be here as I have never liked it that much and maybe that's why this issue has crept up on me. Had I lived and worked in the UK I would now be looking at topping up my state pension (in a few years time) with my hard-earned savings. Here in the lucky country a few years ago the smirking treasurer P Costello simplified the age pension system.
It's really is very simple now. If you've got a decent amount of savings to invest you won't get a pension at all - it's as easy as that. The only way to "hide" your dosh from the assets test is to buy a massively expensive house, but then of course you'll have the ever increasing council rates to pay on it.
And all this after a lifetime of paying income tax at rates much highter than in the UK - I can remember at one time paying 48.5% (including Medicare levy) on the top slice of a fairly modest salary.